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he's struggling to avoid going over the fiscal cliff. he's facing growing criticism from members of his own party, the speaker removing four conservative congressman from key committees, the move seen by some as a way to close ranks over a potential fiscal cliff deal with the white house. outside conservative groups are voicing their displeasure saying speaker john boehner could even lose his speakership. carl cameron joins us live in washington. so he has a lot of problems with conservatives right now, car. >> reporter: sure it's not just off the hill. some of the members on the hill. fiscal conservatives are once again whispering, in some cases outwardly and openly explaining about house speaker john boehner and his handling of the negotiations with the white house. john boehner's proposal to increase revenue $800 billion by closing tax loopholes and reforming the code has real problems for some house republicans, most of whom actually campaigned promising to at least hold the line if not cut taxes. this week john boehner tossed four c
he's struggling to avoid going over the fiscal cliff. he's facing growing criticism from members of his own party, the speaker removing four conservative congressman from key committees, the move seen by some as a way to close ranks over a potential fiscal cliff deal with the white house. outside conservative groups are voicing their displeasure saying speaker john boehner could even lose his speakership. carl cameron joins us live in washington. so he has a lot of problems with conservatives...
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martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courthouse for a doctor's appointment.
martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon...
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if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you know, is it a terrible problem we are going through right now, but we look like we can't handle our own business. we can't talk to each other, we can't figure out our own economics, and i can't think what kind of morale authority do we have in the world when we look so pathetic, so pathetic in terms of how we handle things and the fact that we don't? >> the problem with the american people is today they are -- greta, they are as deeply divided and polarized as we have almost ever been. look what boehner is could go right now in making a deal. he's violates his fundamental principles. he's violatings a commitment he made to the american people. he's doing something that he thinks will hurt the american economy, $800 million of tax on job creators, he's splitting his party, he'
if he goes off to hawaii and spends three weeks there, and no deal happens and the fiscal cliff hits and we've got the largest tax increase in history and the markets plummet and he's sitting over there splashing in the surf, i don't think he can do it. >> i wonder what other nations think about us? this is, you know, is it a terrible problem we are going through right now, but we look like we can't handle our own business. we can't talk to each other, we can't figure out our own...
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president obama has the leverage in the fiscal cliff fight. he's willing to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans need to stick to the boehner rule. a dollar of spending cuts for every dollar in spending increases. why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right n
president obama has the leverage in the fiscal cliff fight. he's willing to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that...
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talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement, go over the cliff. let's hope we can have an agreement. jon: those remarks just into our fox newsroom from house minority leader nancy pelosi moments ago saying republicans are avoiding the conversation on the fiscal cliff. meantime we're awaiting new reaction from white house press secretary jay carney. there is a live look at the podium in the west wing. you can see it is empty right now. jay carney should be stepping up to the microphone momentarily and we expect the topic a is going to be the fiscal cliff and the white house position on i
talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement,...
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. >> if is the administration prepared too go over the fiscal cliff. >> absolutely. there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthist, remember it's only 2%. >> he did not blink. that is the treasury secretary. do they talk like that? >> it's really unique. this treasury secretary is very loyal to this president, treasury secretaries are, but he is saying essentially that the tax rates going up are essential, that the money is not essential, that the dollar figure is not essential, that the rates going up are essential, and that's just interesting. going over the cliff comes with a lot of -- a lot of things that could affect the economy and the treasury secretary knows that. bill: 10% unemployment. tax rates for everybody going higher. what are you hearing on the house side? among the house republicans, whether or not they are behind the speaker, whether they are pulling away from him, where does that stand do you believe? >> reporter: you know, there are some on the house side that have a lot of concerns ab
. >> if is the administration prepared too go over the fiscal cliff. >> absolutely. there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthist, remember it's only 2%. >> he did not blink. that is the treasury secretary. do they talk like that? >> it's really unique. this treasury secretary is very loyal to this president, treasury secretaries are, but he is saying essentially that the tax rates going up are essential,...
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this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one of the leaders of the republican party whether you want to be or not. there you are. so you find yourself now trying to get the republican party reorganized and back into the populist column. ain't going to be easy for you, senator. because you have got to be the senator from florida and at the same time try to resurrect this party. >> well, it's -- but i think the people of florida have the same ax sights as the people of our country. i'm informed by my own background and my own experience in life my parents worked in the service industry. and, yet, they were able to afford to buy a house they never gave us everything we w
this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one...
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that's exactly what one former senator is doing to avoid the fiscal cliff. in a new web video, senator alan simpson dancing gangnam style to get his debt reduction message out to young people. >> stop instagramming your breakfast and tweeting your problems and getting on youtube so you can see began nagangnamstyle. start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> greta: it's part of a campaign to get young people involved in the fiscal debate. is the video effective? go to gretawire.com. we're back in 90 seconds. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card
that's exactly what one former senator is doing to avoid the fiscal cliff. in a new web video, senator alan simpson dancing gangnam style to get his debt reduction message out to young people. >> stop instagramming your breakfast and tweeting your problems and getting on youtube so you can see began nagangnamstyle. start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy,...
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that's exactly what one former senator is doing to avoid the fiscal cliff. in a new web video, senator alan simpson dancing gangnam style to get his debt reduction message out to young people. >> stop instagramming your breakfast and tweeting your problems and getting on youtube so you can see began nagangnamstyle. start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> greta: it's part of a campaign to get young people involved in the fiscal debate. is the video effective? go to gretawire.com. we're back in 90 seconds. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> greta: victims of superstorm sandy blasting the feds
that's exactly what one former senator is doing to avoid the fiscal cliff. in a new web video, senator alan simpson dancing gangnam style to get his debt reduction message out to young people. >> stop instagramming your breakfast and tweeting your problems and getting on youtube so you can see began nagangnamstyle. start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy,...
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. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to
. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls...
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you see it now to his approach on the fiscal cliff about wealth distribution and esop with occupy wall street, which was supported by the unions and by the global socialist movement. it is not just happening here, it is a global movement to the left. so again, this is a part of this megyn: they seem to be trying to say that the rich, and maybe that is banks and what have you -- they say that they got us into this mess and they are saying that jurors and their pensions and blame us. to make 60 or $70,000 per year. which is a decent living in some places but not rich. and it's not fair. that's what they're trying to say. don't buy the narrative that it's all about us and our pensions that it is not fair. teacher actually works without him, and pays 20 or 30% tax. where as somebody who is earning the money from capital gains, which is assets that they may have worked four years ago, is paying 13.9%. that strikes people as unfair. what the are saying is that we should at least have a fair share of taxes being paid. and there is just no conscious -- megyn: weapon? >> was a fair share for th
you see it now to his approach on the fiscal cliff about wealth distribution and esop with occupy wall street, which was supported by the unions and by the global socialist movement. it is not just happening here, it is a global movement to the left. so again, this is a part of this megyn: they seem to be trying to say that the rich, and maybe that is banks and what have you -- they say that they got us into this mess and they are saying that jurors and their pensions and blame us. to make 60...
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when you think about the story, you wonder why can't we do the fiscal cliff thing? >> reporter: right. jenna: if we can put somebody in space for a year. >> reporter: we need to ask our lawmakers, right. jenna: casey, incredible story. gregg: you can put the man on the moon but you can't --. all right. researchers may have found what could be the earliest known dinosaur to walk the earth. the mysterious fossil found lurking in the corridors of london's natural history museum. they believe the dinosaur about the size after labrador dog lived 145 million years ago give or take a year. that would be 10 to 15 million years earlier than any other previously discovered examples. jenna: you say a labrador. gregg: that looked a little bit bigger than a labrador. might have been a really big lab bro door. -- labrador. jenna: that is really interesting. what to do about big super storms. a big debate in coastal community after hurricane sandy. is building bigger sea walls an answer [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ wh
when you think about the story, you wonder why can't we do the fiscal cliff thing? >> reporter: right. jenna: if we can put somebody in space for a year. >> reporter: we need to ask our lawmakers, right. jenna: casey, incredible story. gregg: you can put the man on the moon but you can't --. all right. researchers may have found what could be the earliest known dinosaur to walk the earth. the mysterious fossil found lurking in the corridors of london's natural history museum. they...
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bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget
bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because...
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who cares about the fiscal cliff? exactly ! >> steve: remember oliver twist. >> please sir, i need some more. >> steve: i do, too. well, it does seem like democrats are taking the oliver twist approach to solving the nation's financial problems. take a look at this. >> asking the wealthiest americans to pay a little more. >> asking the wealthiest americans to contribute a little bit more. >> the wealthy ought to pay a little bit more. >> the wealthy ought to pay more. >> the richest of the rich will have to pay more to solve the financial problems of this country. >> steve: i notice a trend. the problem is, they were just asking for a little bit more, those making over $250,000 a year. they're going to be hit with new taxes at the beginning of the year, regardless of whether or not a deal is reached on the so-called fiscal cliff. stuart varney has got the bad news and it's in small print of the health care reform. >> it is. under obamacare. everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've
who cares about the fiscal cliff? exactly ! >> steve: remember oliver twist. >> please sir, i need some more. >> steve: i do, too. well, it does seem like democrats are taking the oliver twist approach to solving the nation's financial problems. take a look at this. >> asking the wealthiest americans to pay a little more. >> asking the wealthiest americans to contribute a little bit more. >> the wealthy ought to pay a little bit more. >> the wealthy...
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cliff. >> all right. he doesn't see it as a cliff. he sees it as a pretty good deal that they negotiated over a year ago that puts him in a position where he doesn't have to negotiate, that he can negotiate from a position of strength. >> but he has a slight other problem and that's at the end of december we're going to bump up against the debt ceiling and he wants that debt ceiling to go up. here's another thing he did which maybe you can explain this to me, but we've had all these problems with running up the debt, this unlimited credit card here in washington. the president sent the secretary of the treasury to come up with another brilliant idea which is this. the president no longer wants to get mer mission from congress to raise the debt ceiling. he wants to make the decisions himself so he's got this unlimited credit card to run up the debt ceiling and he thinks that's going to go over. >> this really harkens back to two presidents, wilson and roosevelt, both of whom when they were up
cliff. >> all right. he doesn't see it as a cliff. he sees it as a pretty good deal that they negotiated over a year ago that puts him in a position where he doesn't have to negotiate, that he can negotiate from a position of strength. >> but he has a slight other problem and that's at the end of december we're going to bump up against the debt ceiling and he wants that debt ceiling to go up. here's another thing he did which maybe you can explain this to me, but we've had all these...
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some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house w
some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so...
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cliff and blame republicans. the president put it in his own words tonight. not all democrats are with the president on the tax issue. 20 senate democrats face re-election in two years. some of them might struggle with voting to raise taxes by more than $12.5 trillion. this is amateur video from syria purporting the show a government war plane on a bombing run in damascus. one of syria's neighbors get serious about self-defense. concerns about the chemical weapons on the rise. "special report" starts at #:00 eastern. now have back to my colleagues with "the five." >> five, four, three, two, one. [ applause ] >> good job! >> andrea: the lighting of the 73-foot tall capitol christmas tree. that was john boehner who lit the tree. on the west front steps of the cocapitol. where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is repor
cliff and blame republicans. the president put it in his own words tonight. not all democrats are with the president on the tax issue. 20 senate democrats face re-election in two years. some of them might struggle with voting to raise taxes by more than $12.5 trillion. this is amateur video from syria purporting the show a government war plane on a bombing run in damascus. one of syria's neighbors get serious about self-defense. concerns about the chemical weapons on the rise. "special...
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cliff, to the democrats. here is what they considering, not only letting the top rate rise or finding an equal amount of taxes in other areas that would be the same effect. they considering a doomsday plan where house republicans would vote "present" on a bill that only extends the middle class tax cuts escaping blame for tax hikes on the 2 percent and wall street bigwigs are throwing in the towel and now calling the president's plan to hike taxes to the tune of $2.16 trillion double what originally called, credible. pore like incredible if you ask my next guests who are livid. michelle, what happened? >>guest: well, there is a reason why for some long the republicans are nicknamed the stupid party and the democrats are the evil party. there have been so many times the narrative that has been repeated over and over again where the republicans capitulate and rollover. what voters who did vote for house republicans to maintain their majority need to ask, and ask very loudly, what part of the mandate you did get
cliff, to the democrats. here is what they considering, not only letting the top rate rise or finding an equal amount of taxes in other areas that would be the same effect. they considering a doomsday plan where house republicans would vote "present" on a bill that only extends the middle class tax cuts escaping blame for tax hikes on the 2 percent and wall street bigwigs are throwing in the towel and now calling the president's plan to hike taxes to the tune of $2.16 trillion double...
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jenna: with the united states heading towards that fiscal cliff house republicans are now offering up a plan of their own to avert that combination of spending cuts and tax hikes. it's set to welcome us all on january 1st if they don't have an agreement. i'm jenna lee. jon: some kind of welcome that would be. i'm jon scott. within hours of seeing the proposal the white house slammed the g.o.p. offer saying quote their plan provides nothing new and provides no details on what deductions they'll limb nature, loopholes they will close or which medicare savings they would achieve. house speaker john boehner inc insists his offer is the best one on the table calling it a credible plan that deserves serious consideration by the white house. jenna: mike emanuel is with us. certainly a challenge to find this ideal plan. what is holding it up. >> reporter: the chairman of the senate budget committee wants a large come proceed hence i have deal in the range of $5 trillion and says a grand bargain can get done if everybody kaoels cool and doesn't overreact to every valley over the net. he this i
jenna: with the united states heading towards that fiscal cliff house republicans are now offering up a plan of their own to avert that combination of spending cuts and tax hikes. it's set to welcome us all on january 1st if they don't have an agreement. i'm jenna lee. jon: some kind of welcome that would be. i'm jon scott. within hours of seeing the proposal the white house slammed the g.o.p. offer saying quote their plan provides nothing new and provides no details on what deductions they'll...
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but another fiscal cliff was on the horizon, and that is the debt. but they also want to do, timothy geithner said, we are going to take away from congress approval of raising the debt ceiling. we can do it on our own. that is an outrage. congress has the power of the not this president to spend more money we don't have. megyn: even alan colmes was on the programs they shouldn't get congressional approval for that. but where is the republican proposal? they say that they want to close loopholes and get rid of some deductions, but when it comes to big issues, which is paring back spending, what are they proposing? over the weekend, mitch mcconnell, the senate minority leader, he offered a few nuggets and i would like to get your thoughts. he said increase the medicare eligibility age, ask wealthier americans to pay higher medicare premiums. and possibly paring back the cost of living increases, giving to social security beneficiaries. those are three specific so we have heard so far from the gop side. what are your thoughts on that? >> i think that is
but another fiscal cliff was on the horizon, and that is the debt. but they also want to do, timothy geithner said, we are going to take away from congress approval of raising the debt ceiling. we can do it on our own. that is an outrage. congress has the power of the not this president to spend more money we don't have. megyn: even alan colmes was on the programs they shouldn't get congressional approval for that. but where is the republican proposal? they say that they want to close loopholes...
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is your company hiring and what about this fiscal cliff? how big of an issue is that for your company. >> our company absolutely is hiring. we do business in almost 50 countries. we are fortunate to provide johns all over the world but definitely in the united states we are hiring corporate positions, hourly positions, our franchise partners are hiring management employees especially through the busiest time of year, the retail season to tkpwroeu thgrow the business. as for the fiscal cliff it's frightening, but i have to have a level of faith and belief that our elected officials, and current and growing administration will figure out a way to make sure that we continue to prosper as a country and small business owners like my franchisees still have a strong and productive business climate in wish to run their businesses. jenna: i bet our viewers are probably saying, she would be good in government. do you think you'll ever go in that direction. >> you never know. i enjoy being in the private sector, investing in our communities and being
is your company hiring and what about this fiscal cliff? how big of an issue is that for your company. >> our company absolutely is hiring. we do business in almost 50 countries. we are fortunate to provide johns all over the world but definitely in the united states we are hiring corporate positions, hourly positions, our franchise partners are hiring management employees especially through the busiest time of year, the retail season to tkpwroeu thgrow the business. as for the fiscal...
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bill: hen we have the fiscal cliff. before we go over that cliff we'll pull you back later in the week. martha: there is a potentially dangerous situation taking shape on the west coast. no relief in site as a strong storm has pounded that region. tens of thousands of people are in the dark. we are in the fox extreme weather center with the latest on that pressing situation next. bill: a 95-year-old man left homeless by hurricane sandy but no more. this story will warm your heart just in time for the holiday season. >> he didn't know me from adam and look. see what he did? he's wonderful. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. so you can focus on what really matters. music: "make someone happy" music: "make someone happy" ♪it's so important to make meone happy.♪.♪it's so e ♪make just one heart to heart y
bill: hen we have the fiscal cliff. before we go over that cliff we'll pull you back later in the week. martha: there is a potentially dangerous situation taking shape on the west coast. no relief in site as a strong storm has pounded that region. tens of thousands of people are in the dark. we are in the fox extreme weather center with the latest on that pressing situation next. bill: a 95-year-old man left homeless by hurricane sandy but no more. this story will warm your heart just in time...
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. >>> with a few weeks until the year end fiscal cliff there is still no deal in sight. both sides are showing no signs of budging. kelly wright is live in washington with details for us. >>> less than month ago for tax hikes. they automatically place democrats and republicans are further apart on a the plan. tim geithner changed the plan last week. that plan calls for 1.6 trillion of higher taxes over the next decade $50 billion stimulus package and provide 600 billion in spending cuts. he is waiting for root pe kaub cans to respond to the plan for the president's proposal. >> we think that's a good set of proposals and good for the economy. if they have different suggestions they should slay it out to us. >> republican leaders should make the deeper cuts on medicare, medicaid and social security. as for raising taxes on the wealthy, republicans want a great higher revenue for closing loopholes and limiting deductions not a tax hike. they are not pleased with the president's proposal. >>> i was flabber fasted. i looked at them said you can't be serious. i have never see
. >>> with a few weeks until the year end fiscal cliff there is still no deal in sight. both sides are showing no signs of budging. kelly wright is live in washington with details for us. >>> less than month ago for tax hikes. they automatically place democrats and republicans are further apart on a the plan. tim geithner changed the plan last week. that plan calls for 1.6 trillion of higher taxes over the next decade $50 billion stimulus package and provide 600 billion in...
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it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >> hello again from fox news in washington. well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office call
it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox...
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the fiscal cliff now less than a month away. and falling off the cliff could spell trouble in the form of higher taxes, higher unemployment and recession, so analysts tell us. as we approach the edge, a compromise appear object out of reach. and timothy geithner headed up negotiations for the obama administration says the deal will be hard to come by without tax hikes for higher income americans and republican leaders led by house speaker john boehner calling the president's proposal essentially a waste of time. >> i was flabbergasted. >> we've the got seven weeks between election day and the end of the year, and three of those weeks have been wasted. >> steve centanni kicks off our college tonight from washington d.c. steve, where exactly do we stand tonight? >> well, harris, democrats are hoping republicans to raise taxes on the wealthy and the republicans are accusing the white house of wasting time. and saying that he didn't have a serious proposal when he reintroduced a plan to reduce 4 trillion dollars. >> the president as
the fiscal cliff now less than a month away. and falling off the cliff could spell trouble in the form of higher taxes, higher unemployment and recession, so analysts tell us. as we approach the edge, a compromise appear object out of reach. and timothy geithner headed up negotiations for the obama administration says the deal will be hard to come by without tax hikes for higher income americans and republican leaders led by house speaker john boehner calling the president's proposal...
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republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and republicans blaming each other nor the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough ti
republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and...
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. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made things worse. >> rice herself asked for the meeting, but the effort to smooth things over didn't exactly work. >> for the first time she acknowledged her comments were wrong. >> susan rice has been depi depicted from everything as a thrown under
. >> jon: president obama talking stuff and standing his ground as america approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions....
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going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement spending. something the speaker said must be part of any final deal. joining the panel this week, wall street journal columnist and deputy editor dan, and ms. o'grady and washington columnist kim stossel. you are stuck in washington having to talk to all the sources. and you have been working them this week, i know. is the mood as sour as it sounds? >> it is by the end of this week and here's why. republicans came out right after the election and said to the president, you want revenue, here. you want revenue on the wealthy? we will give it to you. let's do this via li
going over the fiscal cliff is serious business and i'm here seriously trying to resolve it, and i would hope the white house would get serious, as well. >> welcome to the journal editorial report. i'm paul. not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made...
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keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty to the market so they don't have this up and down action of congress. after four years in congress i have to tell you it's one of the most disturbing thing i've seen, the lack of foresite of looking two, three, four, five years down the road. everyone plays to the next week. give it about a 40% chance of some element. the big question is have the markets worked into some of their pricing on stocks and bonds and so forth, some of this anticipation of going over these fiscal challenges? i think they probably have to to a certain degree. but it will be a rou
keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty...
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please don't make me say "fiscal cliff" again. the two words. all i talk about. >> eric: we had predictions that they will come to a deal. it's political jockeying now. >> that is what we are hoping for. >> eric: that is what all americans want. >> jamie: three words. fasten your seat belt. new report that the aging infrastructure may have played a role in freight train derailment in new jersey. truly tragic. seven cars jumping the tracks while the train was crossing a bridge. the problem is it was carrying hazardous chemicals in the air. live in the new york news room. i know there were evacuations. did the folks get go back home? >> the national transportation safety board saying the conductor with con-raid since 2008. worked the accident route previously but this was his first week back on it. the ntsb pointed to a faulty traffic signal for causing friday bridge collapse. train derailment and the toxic chemical release that caused the health problem for residents in pollsborough, new jersey. >> they are going to work the point of derailment a
please don't make me say "fiscal cliff" again. the two words. all i talk about. >> eric: we had predictions that they will come to a deal. it's political jockeying now. >> that is what we are hoping for. >> eric: that is what all americans want. >> jamie: three words. fasten your seat belt. new report that the aging infrastructure may have played a role in freight train derailment in new jersey. truly tragic. seven cars jumping the tracks while the train was...
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the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon as the baby is born. they say it's as easy as clicking a mouse. but does it work? new report on rise of chronic respiratory illnesses but how do you know if the lingering cough is something more serious? doctors take your questions on the topic right now. there it is. go to fox news.com/sundayhousecall and join the chat. the doctors will take a lot of the questions on the air later today. we'll be talking bronchitis, asthma, respiratory problems in a moment. like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant
the fiscal cliff is complicated but chris will break it down with the important guests. exclusive interview with the house speaker john boehner and also the discussion with tim geithner on "fox news sunday" airing at 2:00 p.m. and 6:00 p.m. eastern only on fox. >> eric: hopefully they will break it down and explain it completely. coming up, the doctors will be here to talk about our health. researchers say they now have a formula to calculate a child's risk for obesity, as soon...
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the fiscal cliff if it happens all taxes go up. if he wants taxes to go up on some portion of the population, he has the upper hand but no president wants to preside over a recession. >> it will be his. it won't be john boehner's recession. >> let's talk christmas. 'tis the season isn't it? >> a heartwarming story? >> a heartwarming story at christmas? i would way wish. rhode islanders are having a bit of an issue because their governor lincoln chaffey decided not to call the christmas tree the christmas tree. he is calling it the holiday tree. now rhode islanders are upset about it you know what? massachusetts is offering a bit of a safe refuge i guess. they want to flee rhode island and hop over to another island state up there in massachusetts. the mayor of fall river. >> massachusetts is offering up their christmas tree as a place where rhode islanders can go across and enjoy list tone the mayor. >> all road lineders would object. they can go to their state house and light the tree and go to tradition. we felt they were short c
the fiscal cliff if it happens all taxes go up. if he wants taxes to go up on some portion of the population, he has the upper hand but no president wants to preside over a recession. >> it will be his. it won't be john boehner's recession. >> let's talk christmas. 'tis the season isn't it? >> a heartwarming story? >> a heartwarming story at christmas? i would way wish. rhode islanders are having a bit of an issue because their governor lincoln chaffey decided not to...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors...
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he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay more because, okay, they should pay more. at the same time they don't want the economy to go in the hole. the other thing is they don't want the country to go broke, and what the republicans fail to do they fail to community indicate. they couldn't communicate themselves out of 0 wet babier bag. they don't hold barack obama accountable. you're the president and should lead on spending. this move of his give himself powers no president has had you take that to the country and say, you want him deciding he can spend whatever he wants. >> like removing the debt ceiling. >> exactly. i'm saying that's the issue. >> you're saying now that the president
he had a fiscal cliff. he brought everybody in. he knew where the middle road was and -- >> he didn't fall off it. >> exactly. >> i'm joe smith. and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me lose my entitlements. pat goodell can that work? >> people want at the rich to pay more because, okay, they should pay more. at the same time they don't want the...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice to succeed hillary clinton as secretary of state. but senator johnny isaacson of georgia said he would not confirm her. why? >> i don't think she is confirmable right now because of the lack of information we have on the entire benghazi issue, from the administration. susan rice is the tip of the sphere. t
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't...
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he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more because maybe we should have them pay more. at the same time, they don't want the economy to go in the hole. the other thing is they don't want the country to go broke. what the republicans failed to do is what you're saying. they failed communication case w50eus. wise. they don't hold ban barack baraa accountable. to give himself powers that no president has had, you take that to the country and say you want him deciding he can just spend whatever he wants? >> that's like removing the debt ceiling. >> exactly. >> that's wha wt you're talking abou
he had a fiscal cliff. he knew where the middle road was, and he didn't it. >> he didn't fall off. >> exactly. that's what this president has to do. >> i'm joe smith and i think that the dems want to raise taxes and the republicans want spending cuts, and as far as i'm concerned, i'd rather have the rich people pay taxes than me to lose my entitlements. pat, can that ever work? >> well i think that's what most people think right now. they want the rich to pay more...
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the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and dan henninger, and mary an anna-- anastasia o'grady and kim strassel. you've been talking it it sources and is the mood as hour as it sounds. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress wit
the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any...
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would c
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at...
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so you say this fiscal cliff, its fiscal nuclear bomb. what are some of the elements that concern you most? >> let's starts with this was something created by congress and signed into law by president obama. so this is not a tsunami that just came by accident, mother nature. this was created by our elected public officials. should it go off, it will be nothing short of a nuclear weapon, a fiscal nuclear weapon. we have not only the increasing of capital gains taxes and marginal tax rates but 26-28 million americans are going to be subject to the alternative minimum tax. that is potentially $3700 additional tax liability. we have the elimination of the 2% social security benefit and up to $55 billion on the social programs. $55 billion out of defense on and on. this will be nothing short of a nuclear catastrophe. >> heather: we keep hearing how this is going to affect the higher income people. according to the congressional budget office, all americans will be affected if the deal is not reached. not just in terms of revenue but job loss.
so you say this fiscal cliff, its fiscal nuclear bomb. what are some of the elements that concern you most? >> let's starts with this was something created by congress and signed into law by president obama. so this is not a tsunami that just came by accident, mother nature. this was created by our elected public officials. should it go off, it will be nothing short of a nuclear weapon, a fiscal nuclear weapon. we have not only the increasing of capital gains taxes and marginal tax rates...
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for more on the fiscal cliff stalemate. let's bring in angela mcglowan, and dick, from the south carolina democratic party. look, i've got the questions prepared and i've got to ask the fundamental question most americans are requesting, what the heck is going on with the house and president obama. >> didn't we learn in 2011, where the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation through and we can't have a deal cut on christmas eve. >> is this brinksmanship on behalf of the president and time geithner, his treasury secretary, in terms of what the dems are now offering congress? >> no, i think the president has made a riegsal offer and of course, it's an opening offer, but that silence is deafening for the republicans, for the republicans' response. their political lemmings getting ready to go off the fiscal cliff and rather do that and not violate the no tax pledge they made to grover norquist than to move the bal
for more on the fiscal cliff stalemate. let's bring in angela mcglowan, and dick, from the south carolina democratic party. look, i've got the questions prepared and i've got to ask the fundamental question most americans are requesting, what the heck is going on with the house and president obama. >> didn't we learn in 2011, where the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation...
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on this fiscal cliff issue. they put forward their proposal which has about $1.6 trillion in additional taxes, about $50 billion in stimulus spending, of course, here are. so numbers on your screen. met with laughter by michigan mcconnell senate minority leader said i didn't take this seriously. what was your take on this? >> i think mcconnell is right. this is not a serious proposal. the republics intimated that they might be willing to put some revenue on the table. and that's when the democrats basically said okay, then we want everything. it's not unlike the used car sales men or even the new car sales men who says i think we have got a deal. let me take the sales manager. then he comes back and says after we add the undercoating and that special paint and a dealer prep package, then it's going to cost you. this look, there is an old line that every person understands, when the teenage boy says if you just let me kiss you, that's all i want and that's the game the democrats are playing. look,. >> now you are
on this fiscal cliff issue. they put forward their proposal which has about $1.6 trillion in additional taxes, about $50 billion in stimulus spending, of course, here are. so numbers on your screen. met with laughter by michigan mcconnell senate minority leader said i didn't take this seriously. what was your take on this? >> i think mcconnell is right. this is not a serious proposal. the republics intimated that they might be willing to put some revenue on the table. and that's when the...
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Dec 1, 2012
12/12
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FOXNEWSW
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you have washington elite chanting fiscal cliff, fiscal cliff, hoping to convince republicans to do something stupid because the alternative would be going off the fiscal cliff. it is and of people, the very people trying to bully us now. all you have to say is let's break it into 12, 15 foothills, no cliffs. now one by one, solve each of the smaller problem we get to some solutions. you don't have to panic over this i want to confess something. what i outlined for you, i copied from tip o'neil. when he was faced with ronald reagan in 1981, he knew he couldn't beat him in head-to-head negotiating but thought he could preserve the democratic party and welfare state in a long battle of attrition. o'neil who had a ran senate, republican president, used the power of house over and over again to slow the momentum. i think republicans got to understand they are not going to get any good deal from barack obama. he has contempt for them. he shows that on a regular basis. he's a hard-line left winger. they've got to think through the american people have chosen him he's going to be our presi
you have washington elite chanting fiscal cliff, fiscal cliff, hoping to convince republicans to do something stupid because the alternative would be going off the fiscal cliff. it is and of people, the very people trying to bully us now. all you have to say is let's break it into 12, 15 foothills, no cliffs. now one by one, solve each of the smaller problem we get to some solutions. you don't have to panic over this i want to confess something. what i outlined for you, i copied from tip...